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Old 06-23-2014, 04:23 PM
 
Location: Jewel Lake (Sagle) Idaho
27,495 posts, read 17,618,687 times
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Good for Starbucks. Most businesses don't have customers that are dumb enough to pay $5.00 for a cup of coffee. The store charging $.75 for one can't be quite as generous.
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Old 06-23-2014, 07:19 PM
 
24,503 posts, read 35,420,732 times
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Quote:
Originally Posted by Toyman at Jewel Lake View Post
Good for Starbucks. Most businesses don't have customers that are dumb enough to pay $5.00 for a cup of coffee. The store charging $.75 for one can't be quite as generous.
I think what's more interesting is that Starbucks has managed to get dumb people to think that their customers pay $5.00 per cup of coffee.
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Old 06-23-2014, 07:35 PM
 
Location: Looking over your shoulder
30,322 posts, read 27,780,270 times
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Lightbulb Just another coffee provider and their earnings

Interestingly McDonalds coffee revenue is in excess of $1.3 million a DAY back in the 1990’s when this injury settlement was being made. Is that $474.5 million a year in coffee sales back in the 1990's price?

https://www.ttla.com/index.cfm?pg=Mc...offeeCaseFacts

Quote:
Despite these extensive injuries, she offered to settle with McDonald’s for $20,000. However, McDonald’s refused to settle. The jury awarded Liebeck $200,000 in compensatory damages -- reduced to $160,000 because the jury found her 20 percent at fault -- and $2.7 million in punitive damages for McDonald’s callous conduct. (To put this in perspective, McDonald's revenue from coffee sales alone is in excess of $1.3 million a day.) The trial judge reduced the punitive damages to $480,000. Subsequently, the parties entered a post-verdict settlement.
http://www.okbar.org/Portals/14/Publ...aldsspeech.pdf

The truth about that hot cup of coffee at McDonald's | Law Office of Alex Scheingross


My guess is that McDonalds (like Starbucks) could provide a little coverage towards an education fund for employees like Starbucks is doing.
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Old 06-23-2014, 07:48 PM
 
7,495 posts, read 9,753,950 times
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Quote:
Originally Posted by Fat Freddy View Post
Why do coffee servers need college degrees?
To get out of serving coffee for the rest of their lives, but then...why would Starbucks want that?
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Old 06-23-2014, 11:29 PM
 
Location: Buckeye, AZ
27,284 posts, read 15,762,848 times
Reputation: 9858
Quote:
Originally Posted by Osito View Post
To get out of serving coffee for the rest of their lives, but then...why would Starbucks want that?
Because Starbucks are a good employer who realizes that their employees typically do not serve coffee all their lives. This isn't the local coffee shop or coffee house that is run by an entrepreneur. Typically their workers work there while getting their degrees. Some will rise through the ranks, others will leave Starbucks but might continue to frequent there because they treated them right. Starbucks is trying to produce good karma as a company so they don't get affected by bad karma like others in fast food. Does that make sense to you?
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Old 06-23-2014, 11:55 PM
 
24,503 posts, read 35,420,732 times
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Quote:
Originally Posted by mkpunk View Post
Basically ASU is one of the schools that Starbucks is working with with this idea of offering part of the tuition to employees.
It would have been nice if they had partnered with a better school. I suppose ASU was an obvious choice since it's all about making $$.
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Old 06-24-2014, 06:39 AM
 
200 posts, read 134,948 times
Reputation: 860
Quote:
Originally Posted by NJBest View Post
It would have been nice if they had partnered with a better school. I suppose ASU was an obvious choice since it's all about making $$.
They could have partnered with Harvard, but you'd be paying $49.95 for a cup of "$5.00" coffee.
You don't like the coffee? Don't drink it.
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Old 06-24-2014, 07:38 AM
 
14,190 posts, read 6,419,666 times
Reputation: 14639
Quote:
Originally Posted by Toyman at Jewel Lake View Post
Good for Starbucks. Most businesses don't have customers that are dumb enough to pay $5.00 for a cup of coffee. The store charging $.75 for one can't be quite as generous.
Actually, a cup of coffee isn't $5.00 there. I believe it's under $2.00. It's the espresso drinks that cost more. I get a large iced americano & it's $3.13. That's the only thing I order there because I think their coffee or other drinks aren't great at all. They french roast their beans which is basically the worst roast you can do to a bean. For some reason, all the suburbanites out there think french roast=the best. They don't know their coffee at all.
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Old 06-24-2014, 09:10 AM
 
3,445 posts, read 5,058,548 times
Reputation: 6092
Oh....are only urbanites the sophisticates of espresso and lattes?
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Old 06-24-2014, 09:16 AM
 
14,190 posts, read 6,419,666 times
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Quote:
Originally Posted by 30to66at55 View Post
Oh....are only urbanites the sophisticates of espresso and lattes?
Yes.
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